2014

GE Oil & Gas awarded subsea equipment contract from Petrobras

Eni reports second major oil find in as many days

Exxon Said to Halt Arctic Oil Well Drilling on Sanctions

Russian natural gas exporter Gazprom said on Tuesday it was fully meeting gas demand from European clients amid complaints the company had reduced flows to Europe.

Gazprom is working with Serbia to kickstart construction works of the local leg of the South Stream project, with newspapers reporting that the operations could start as soon as in October.

Energy ministers from Russia and several countries in Central & Eastern Europe (CEE), chamber of commerce heads and other high level speakers gathered in Budapest, Hungary on 16 September to grapple with energy security issues at the Gas Dialogues event Development and Use of Natural Gas in the Danube Region: Prospects and Opportunities.

Horizontal shale wells in Poland remain a question mark, as San Leon Energy and 3Legs Resources release their updates on Wednesday, reporting blows for the entire industry.

Efforts to reach a peace deal between Ukraine and Russia continue. But western businesses are finding themselves hit increasingly hard by Russia-related sanctions – from both sides.

Unresolved territorial and maritime claims continue to hinder exploration and development in the East China Sea.

Libyan Oil Sector Recovery Suffers Output Setback Output Falls Below 700,000 Barrels a Day After Insecurity Forced Largest Oil Field to Shut Down